HEALTH NET INC 4
4 · HEALTH NET INC · Filed Mar 11, 2014
Insider Transaction Report
Form 4
Capezza Joseph C.
EVP & Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2014-03-07$34.71/sh−5,011$173,932→ 135,202 total
Footnotes (3)
- [F1]Shares forfeited in lieu of payment of tax liability in connection with the vesting of 33-1/3% of a grant of 10,000 restricted stock units (the "RSU Vest") and 33-1/3% of a grant of 30,000 performance share units (the "PSU Vest"), each of which was made to the Reporting Person on March 7, 2013, pursuant to the Issuer's 2006 Long-Term Incentive Plan, as amended (the "2006 Plan").
- [F2]Represents 1,253 and 3,758 shares forfeited in lieu of payment of tax liability in connection with each of the RSU Vest and PSU Vest, respectively. The number of shares forfeited by the Reporting Person in connection with each of the RSU Vest and PSU Vest was based on the closing price of the Issuer's common stock on March 7, 2014, pursuant to the terms of the 2006 Plan.
- [F3]Includes shares held jointly in an account in the name of the Reporting Person and his spouse.